broken character 03.24.2011
DESCRIPTION
Introduces the crisis and reputation practices for entering professionalsTRANSCRIPT
Renée T. Walker, APRMarch 26, 2011
Broken Character: Crisis Communication
Agenda
• A little about me…• Reputation is Big Business• To Protect and Serve• From the Front Line• Rules of Engagement• Getting in the Game• Questions & Answers
A little about me…
A little about me…
• Began as finance major on my way to CPA• Career highlights– City of Detroit Super Bowl XL Bid Team– City of Detroit Anti-Arson Task Force– California Workers’ Compensation Action Network
Executive Committee– $55 million referendum for Comerica Park and
Ford Field
Reputation is Big Business
Section subtitle
Reputations = Mega Billions
= $70,452 billion.
Source: Interbrand 2010 Best Global Brands
= $21,860 billion.
= $43,557 billion.
= $28,731 billion. = $21,143 billion.
To Protect and Serve
Section subtitle
What Constitutes a Crisis?• Anything that threatens or may threaten to significantly
damage an individual, organization and its employees, products, services, financial condition or reputation
• Characteristics of a Crisis:– Surprise– Little information– Confusion– No control– Magnifying glass– First impressions– Potential loss of trust and credibility
Gifts that Keep Giving…• Corporate • Economy, executive misconduct, personnel issues,
lawsuits and product/operational issues• Celebrity• Illegal and immoral behavior
• Government/Political• Illegal, immoral and unethical behavior
• Domestic• Marriage, divorce, dating and family
Media Frenzy• If it bleeds…it leads
• Sensationalism and sweeps
• Paparazzi and tabloid journalism
• Citizen journalists
• Global in a nanosecond
The Crisis Practice is…• Countercyclical• Thrives in a depressed or downward economy
• Primarily seasoned and executive-level practitioners• Requires the mastery of numerous disciplines
• Strategy on steroids• Takes an A+ game to succeed
• Everywhere• Corporate, agency, client and internal
From the Front Line
Successes and Failures
Celebrity
• Lost $22 million in endorsements (Gatorade, AT&T, Accenture)
Corporate• Brand value Jan. 1, 2010 = $20 billion• Brand value June 30, 2010 = $0• Share price before = $60.48 • Share price today = $46.91
– Lowest price = $29.20
• Brand value Jan. 1, 2010 = $30 billion• Brand value June 30, 2010 = $24 billion
Source: Dailyfinance.com
Government/Political
• Massive data dump of U.S. embassy cables
• Global political and diplomatic fallout
Rules of Engagement
What it will take
• Experience required• Strategic, action-oriented and deadline-driven
with precision• Thrive in an unpredictable, high-pressure and
fast-paced environment• Synthesize large amounts of conflicting,
complex and creative data/information
Rules of Engagement
• Phenomenal oral, written and interpersonal communication skills
• Influence through leadership, persuasion and collaboration
• Empathy, vision, passion and fortitude
Rules of Engagement
Getting in the Game
What it takes
Execute your plan
Manage your brand
Avoid sitting on the bench
Learn the lingo
Stay active
Create a plan
• Seek new opportunities and experiences
• Build career portfolio• Develop competencies in
multiple communication disciplines
• Become a well-rounded professional
• Be active and visible• Expand professional and social
networks• Sharpen your skills and enhance
body of work
• Engage the executives through in-depth and substantive dialogue
• Align ideas with business objectives
• Reinvent yourself often• Develop your core
competencies through stretch goals and special projects
• Secure a mentor • Develop a support group• Adapt your course as necessary
• Carefully manage and continuously evolve your personal brand
• Differentiate yourself• Demonstrate your value
Getting in the Game
“Don’t let the fear of falling keep you from
knowing the joy of flight.”
Lane WallaceEditor, Flying Magazine
Final Thought
Questions & Answers
Section subtitle